Monday, March 06, 2023

Morning Market Internals

NYSE Composite Index:

  • Volume Running -4.2% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 10.0 -.2
  • 2 Sectors Declining, 9 Sectors Rising
  • 51.0% of Issues Advancing, 45.6% Declining
  • 62 New 52-Week Highs, 12 New Lows
  • 56.9%(+.9%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 53.0 +7.0
  • Bloomberg Global Risk-On/Risk-Off Index 66.7 -.1%
  • Russell 1000: Growth/Value 15,021.6 +.61%
  • Vix 18.7 +1.1%
  • Total Put/Call .94 +4.4%
  • TRIN/Arms .79 +6.9%

Sunday, March 05, 2023

Monday Watch

Today's Headlines
Bloomberg:                     
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge:    
MarketWatch.com: 
NewsMax:
TheGatewayPundit.com: 
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are unch. to +1.0% on average.
  • Asia Ex-Japan Investment Grade CDS Index 110.0 -2.5 basis points.
  • China Sovereign CDS 64.75 -2.75 basis points.
  • China Iron Ore Spot 122.0 USD/Metric Tonne -2.7%
  • Bloomberg Emerging Markets Currency Index 47.7 +.07%.
  • Bloomberg Global Risk-On/Risk Off Index 67.2 +.53%.
  • Bloomberg US Financial Conditions Index .25 -4.0 basis points. 
  • Volatility Index(VIX) futures 20.7 +.02%. 
  • Euro Stoxx 50 futures +.26%.
  • S&P 500 futures -.03%.
  • NASDAQ 100 futures -.04%.

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and consumer shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.

Saturday, March 04, 2023

Today's Headlines

Bloomberg:

Wall Street Journal: 
Barron's:
  • Had bullish commentary on (FPI), (TITN), (DE), (AGCO), (ASML), (UL), (BOOT) and (CB).

Fox News:

CNBC:
Zero Hedge:
MarketWatch.com:       
TheGatewayPundit.com:
Twitter:
OpenVAERS:
SKirsch.com:

Friday, March 03, 2023

Evening Headlines

Bloomberg:

Wall Street Journal: 

Fox News:

CNBC:
Zero Hedge:MarketWatch.com:     
NewsMax: 
TheGatewayPundit.com:
Twitter:
OpenVAERS:
SKirsch.com: